Faraday Future Shifts Focus to Cryptocurrency and AI Amid Declining Car Sales
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 18 2025Faraday Future's New Direction: The struggling EV startup Faraday Future is shifting its focus towards cryptocurrency and embodied AI to revitalize its business.
C10 Treasury Product Launch: The company has introduced the C10 Treasury product, which will invest in a basket of top 10 cryptocurrencies, aiming for initial purchases between $500 million and $1 billion.
Funding and Growth Strategy: Faraday Future plans to use staking yields from its crypto investments to fund stock buybacks and innovation in its core electric vehicle business.
Production Challenges: Despite ambitions, Faraday Future has only produced 16 units of its flagship FF 91 vehicle as of January 2025, primarily distributing them to employees and advocates.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
